Índice Nifty 50
Largo

NIFTY 4H Time frame

48
📊 Current Snapshot

Current Price: ₹24,976 - ₹25,006

Day’s Range (4H): ₹24,945 – ₹25,008

Previous Close: ₹24,973

Opening Price (4H): ₹24,991

Volume: Moderate

🔑 Key Support & Resistance Levels

Immediate Support: ₹24,945

Next Support: ₹24,900

Immediate Resistance: ₹25,008

Next Resistance: ₹25,050

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near 50-hour and 200-hour moving averages.

RSI (14): 61 – Neutral zone.

MACD: Positive → indicating mild bullish momentum.

Moving Averages: Short-term averages suggest neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹25,008 with strong volume could target ₹25,050.

Bearish Scenario: Drop below ₹24,945 may lead to further decline toward ₹24,900.

Neutral Scenario: Consolidation between ₹24,945 – ₹25,008; breakout needed for directional move.

📌 Key Factors to Watch

Overall market sentiment.

Economic indicators: interest rates, inflation, RBI updates.

Global cues: US indices, crude oil, and currency movements.

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